Tag - Physicians

112 statistics on physicians under 45 years old — practice setting, finances, future plans & more

Young physicians entering medical practice today look very different than their counterparts 30 years ago; they were brought up in the digital age and entered medicine during a time of immense consolidation in the healthcare space.

These statistics describe where young surgeons are beginning their practices as well as their financial profile, work schedule personal life and more.

The number of physician practices owned by hospitals and health systems jumped 86% from 2012 to 2015, according to a survey conducted by Avalere Health for the Physicians Advocacy Institute (PAI). The number of physicians employed by hospitals increased by nearly 50% during the same period, from 95,000 doctors in 2012 to more than 140,000 physicians in 2015, the survey shows.

Hospitals acquired 31,000 practices during the study period, and 1 in 4 medical practices were hospital owned in 2015. Moreover, 38% of physicians worked for hospitals in that year, the report said. In comparison, a 2014 survey conducted by physician recruiting firm Merritt Hawkins for the Physicians Foundation showed that only 35% of physicians identified themselves as independent; among family physicians, the percentage dropped to 31%.